The government won has won the second reading of the WAB by a wide majority of 30 MPs – 329 to 299. The broad majority raises the chances that Johnson will also win the second vote. The Democratic Unionist Party (DUP) is set to vote against it. The second vote is on rushing the debate within three days.
GBP/USD is rising toward the daily highs of 1.2989. The second vote begins.
Follow all the updates in the special live coverage
-637073652202928035.png)
According to number crunchers in various media outlets, Prime Minister Boris Johnson was able to muster support for the Withdrawal Act Bill (WAB) in its first vote. However, the PM seemed to struggle to convince enough MPs to support the program motion.
That second vote forces the House of Commons to debate the deal at a breakneck speed of three days. The government hinted it may call off the next stages of the debate and opt for elections if the second motion is rejected.
See Three scenarios for today's two critical Brexit votes
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
EUR/USD extends losses to near 1.0900 as Fed decision looms
EUR/USD extends the drop to test 1.0900 in European trading on Wednesday, pressured by a decent US Dollar recovery. Traders resort to position adjustment, lifting the Greenback ahead of the US Federal Reserve interest rate decision.
Gold pauses near all-time peak amid US Dollar recovery, Fed eyed
Gold price struggles to capitalize on the Asian session uptick to the $3.045 area or a fresh all-time peak as bulls pause for a breather and opt to wait for the outcome of a two-day FOMC meeting before placing any directional bets on the bullion.
USD/JPY falls back toward 149.50 after BoJ Ueda's presser
USD/JPY faces rejection at 150.00 and turns lower toward 149.50 in the European session as traders assess BoJ Governor Ueda'a comments. Earlier in the day, the BoJ announced that it left monetary policy settings unchanged, as anticipated. All eyes are now on the Fed outcome.
XRP battles key trendline support as long-term holders continue holding onto large profits
XRP futures open interest has remained largely flat since the market crash in early February. The remittance-based token has shed 33% of its OI between February 1 and March 18, per Coinglass data.
Tariff wars are stories that usually end badly
In a 1933 article on national self-sufficiency1, British economist John Maynard Keynes advised “those who seek to disembarrass a country from its entanglements” to be “very slow and wary” and illustrated his point with the following image: “It should not be a matter of tearing up roots but of slowly training a plant to grow in a different direction”.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.